Railway Employees In France Initiate Three-Month-Lng Strike
Capitalism is arguably a more effective system of economic and political activity than any other such system humanity has experienced thus far. However, one of the downsides lies in its central economic theory: private owners of capital try to accumulate as much wealth as possible, ultimately resulting in less collective wealth for hard laborers, just like railway workers in France.
Protests are integral to maintaining order within capitalistic societies, as the liberty of protests brings power back to those at the bottom of such structures. Recently, some of those at the bottom of France - particularly, the country's railway employees - were kicked into action.
Emmanuel Macron is currently the President of France, and has been for slightly less than one calendar year. Despite the fact he's less than eleven full months into his presidential bid, Emmanuel Macron hasn't made as many friends as he should have, especially in the railway and public transportation industries.
Those protests by those French railway employees are intended to still allow the country's national brand, SNCF. They and the union that represents the cohort are in public disagreement with the French President Macron because he supports policies that could result in the country's system of railways changing from being owned by the state's government to being a privatized company, which goes against what people all throughout the Western European country of France.
So, in more simple terms, here's what is going on in terms of the railway of SNCF, what Emmanuel Macron hopes to do with SNCF: The railway system this article is discussing - SNCF - the Societe nationale des chemins de fer francais, or, in English, the French National Railway Corporation, which is still abbreviated as SNCF - is the only railway company in all of France, and is owned by the state government of France.
All rail traffic inside France is operated by the SNCF, which also has some rails that go through parts of Italy, the United Kingdom, Germany, Belgium, The Netherlands, and Switzerland.
SNCF has been operating perfectly fine on its own, without any help, and certainly without privatization. However, French President Macron wants to make the economy of France more competitive, one of the major fashions of which he plans on implementing is making the railway system of France - SNCF - a company with shares that can be traded publicly on stock exchanges. Because France would own all shares, citizens are worried about its future performance.
In terms of mining investment desirability, South...Read More
The Societe Generale in France anticipates that...Read More
While McDonalds is loved by many people around the...Read More
An attack of forty French fishermen by five British...Read More